When might it be important to know a currency’s exchange rate? when planning expenses for an overseas trip when changing money into smaller denominations when preparing to buy something expensive when deciding which college is the best value

The correct answer is A) when planning expenses for an overseas trip.

It is important to know a currency’s exchange rate when planning expenses for an overseas trip.

If you want to travel abroad, outside the United States, countries have different currencies and do not accept the American dollar. You have to first change American dollars for the currency of the country you are about to visit. If you go to Europe, many countries use the Euro. If you go to México, you have to change dollars for Mexican pesos. If you go to Great Britain, they use the Britsh pound. And if you go to Japan, they use the Yen.

“the battle of stalingrad is not a turning point necessarily in strategic terms, because a lot more has to be done before the soviets can be certain of defeating germany,” says renowned world war ii historian richard overy. the germans had fought nearly a thousand miles across the soviet union to get to stalingrad.

d) true or false question